121 Rosecrans Avenue | Los Angeles | State of California | Prices, Plans, Availability

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121 Rosecrans Avenue

USD 3,800,000

Property ID: SB24058670

121 Rosecrans Avenue ,90266

2706 SqFt

Built in 1954

USD 1404/SqFt

0 Bed

0 Full

Location Street View

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

2496

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1954

Detailed Introduction Of This Home

Located just 4 homes to "The Strand”… Prime Ocean View Income Opportunity on a Full 30’ x 90’ Lot. These four bright and spacious units rent easily due to the close proximity to the beach, the surf, and North End restaurants, retail and cafes. 3 units with 2 bedrooms and 1 bathroom each, plus a 4th unit with 1 bedroom and 1 bathroom. Each unit includes 1 garage space, 1 tandem driveway space (8 cars total), and separate electric and gas meters. The building currently generates $13,230/mo in combined income ($158,760 yearly), with big upside. Short term rental income could provide $31,576 monthly income ($378,918 yearly), yielding a 5.23% CAP rate. Inquire for comps & income schedule. Properties with this many units and such close proximity to the beach are rarely available at a price like this.

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